How It Works

It works like this: we’re going to make sure you’re not left holding the bag for something that shouldn’t be your responsibility. “We buy problems” means we purchase the right to collect delinquent dues on your behalf, making sure the Association never has to pay another legal bill for collections again. Then we fund an amount equal to or more than your worst-case collection amount immediately so you can operate your business. You can breathe a sigh of relief right now if you want.

How It Works

It works like this: we’re going to make sure you’re not left holding the bag for something that shouldn’t be your responsibility. “We buy problems” means we purchase the right to collect delinquent dues on your behalf, making sure the Association never has to pay another legal bill for collections again. Then we fund an amount equal to or more than your worst-case collection amount immediately so you can operate your business. You can breathe a sigh of relief right now if you want.

Over the past several years when the first contract was signed with LM Funding in reference to the many foreclosed units at Itopia Private Residences the program was extremely beneficial to our community. The community received income through the program and was able to continue maintaining the property. As time went by, LM Funding came up with another program that was even better for our community given that several of the foreclosed units had been purchased. The community has gained immensely from our partnership with LM Funding and we feel very fortunate to continue with you to this day.

Rosy C. BadwalItopia

I did not realize how much we were paying for our attorney because the bills were ''deferred''. Come to find out, we were paying more in legal fees than we actually collected on many accounts. LM Funding has eliminated legal fees from our budget and provided us with needed cash flow as soon as accounts go delinquent. Being a volunteer board member is still tough, but I can assure you the help from LMF is much appreciated!

Association Board President

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